SEC Form 4 · accession 0001628280-17-008707
Zendesk, Inc. · ZEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elena Gomez
Officer — Chief Financial Officer
Period of report
Aug 15, 2017
Accepted (ET)
Aug 15, 2017 · 9:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463172
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 15, 2017 | M | 2,916 | — | A | 6,157 | D | |
| Common StockF2 | Aug 15, 2017 | F | 1,522 | $27.07 | D | 4,635 | D | |
| Common StockF1 | Aug 15, 2017 | M | 233 | — | A | 4,868 | D | |
| Common StockF2 | Aug 15, 2017 | F | 122 | $27.07 | D | 4,746 | D | |
| Common StockF4 | Aug 15, 2017 | S | 1,431 | $27.0551 | D | 3,315 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F5 | — | Aug 15, 2017 | M | 2,916 | D | — | May 6, 2023 | Common Stock | 2,916 | 96,251 | D |
| Restricted Stock UnitF1,F6 | — | Aug 15, 2017 | M | 233 | D | — | May 9, 2024 | Common Stock | 233 | 10,501 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents the number of shares withheld by the Issuer in satisfaction of tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. Such withholding is mandated by an election of the Issuer made in advance and does not represent a discretionary trade by the Reporting Person.
- F3This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Elena Gomez on June 14, 2017.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $26.91 to $27.20 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F51/4th of the shares issuable pursuant to the restricted stock units shall vest one year after the vesting commencement date of May 15, 2016 and an additional 1/48th of the shares issuable pursuant to the restricted stock units shall vest each month thereafter, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.
- F61/48th of the shares issuable pursuant to the restricted stock units shall vest each month after the vesting commencement date of May 15, 2017, subject to the Reporting Person's continuous service to the Issuer on each such date. Unvested shares are subject to acceleration upon the occurrence of certain events.